Wave of retail store closings in US as consumers pull back spending
The number of retail store closures is expected to double this year to 15,000, with workers struggling with inflation, stagnating wages and record credit card debt.
The number of retail store closures is expected to double this year to 15,000, with workers struggling with inflation, stagnating wages and record credit card debt.
The government-appointed Reserve Bank of Australia board begrudgingly cut rates to try to ease the political crisis produced by the widespread working-class hostility that has developed to the Labor government.
With wind-chill temperatures near zero, residents were forced to evacuate as first responders used boats, rafts and diving equipment to rescue those trapped by the rising water and ice.
While USAID is well known for prosecuting US imperialism’s foreign policy objectives, the cutoff of its limited aid to contain disease and hunger in sub-Saharan Africa will have a devastating impact.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.